VST Industries advances after good Q2 performance

Profit before tax in Q2 September 2020 stood at Rs 118.82 crore, up by 19.5% from Rs 99.42 crore in Q2 September 2019. Current tax expenses increased by 83.6% to Rs 29.08 crore in the second quarter from Rs 15.84 crore in the same period last year.

VST Industries manufactures and distributes cigarettes and tobacco products.

On a year-to-date (YTD) basis, the stock has declined by 19.14% while the benchmark S&P BSE Sensex lost 1.87% during the same period.

Source: Capitalmarket.com